EIH Associated Hotels Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 04, 2025
EIHAHOTELS · price
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EIH Associated Hotels Limited has notified the 42nd Annual General Meeting to be held on Monday, August 4, 2025 at 4:30 PM (IST) via video conferencing. Ordinary business includes adoption of the FY25 audited financial statements, declaration of a final dividend of Rs 3.50 per equity share (face value Rs 10), and re-appointment of Mr. Akshay Rajan Raheja as director retiring by rotation. Special business seeks shareholder approval for (a) material related party transactions with EIH Limited (promoter group) of up to Rs 140 crore for FY26 — comprising Rs 11.27 crore income and Rs 128.73 crore expenses, roughly 32.79% of FY25 consolidated turnover, (b) re-appointment of Mr. Vikramjit Singh Oberoi as Managing Director for five years from June 23, 2025 with no remuneration except sitting fees, and (c) appointment of M/s Chandrasekaran Associates as Secretarial Auditor for five years (FY26–FY30). The record date/cut-off for dividend and e-voting is Monday, July 28, 2025, with remote e-voting open from 10:00 AM on August 1, 2025 to 5:00 PM on August 3, 2025.
Shareholders on record as of July 28, 2025 are eligible for the Rs 3.50 dividend, which will be paid on or before August 31, 2025 (subject to KYC compliance). The related party and management re-appointment items are routine but warrant attention given the size of the EIH Limited transaction relative to turnover.